5.75xAvg Exit Multiple
Next Gear Ventures invests in smart mobility early stage startups. The fund targets game-changing companies and has an exclusive strategic relationships with DRIVE – Israel’s leading smart mobility innovation center.
The automotive and mobility ecosystem is going through an accelerated disruption process, driven by game-changing technologies and business model innovations. Autonomous driving, connectivity between vehicles and systems as well as new functionalities and smart traffic management are disrupting the industry at a tremendous pace. Israeli innovations are at the forefront of this technological eruption. Subsequently, the majority of multi-national automotive corporates are actively seeking and acquiring Israeli smart mobility startups, creating exceptional investment opportunities!
|ㅤnT-Tao Receives Investment from Mitsui Sumitomo Insurance Venture Capital | FinSMEs||September 1, 2023|
|ㅤNoTraffic Raises $50M in Series B Funding | FinSMEs||June 27, 2023|
|ㅤinfiniDome Raises $9M in Series A Funding||April 24, 2023|
|ㅤOttopia Raises $14.5M in Series A Funding||January 11, 2023|
|ㅤCompany Name||Status||Founded||Sector||Funding ($)|
|ㅤMidnight Robotics||Acquired||2019||Agritech, Autonomous, LIDAR, Sensor, Camera, Farming|
|ㅤNT-Tao||Active||2019||Energy, Nuclear, Cleantech, Climate||$27.5M|
|ㅤOttopia||Active||2018||Automotive, Autonomous, Teleoperation, Industrial, Mining||$26.5M|
|ㅤForetellix||Active||2018||Automotive, Connected Vehicle, Tools, Testing||$91M|
|ㅤAutofleet||Active||2017||Automotive, Fleet Management, Optimization||$27.5M|